How War Conditions Affect
p. 23 · Read in the full issue
Samoan Finances
From Our Own Correspondent
Apia, Feb. 10.
ESTIMATES for the current financial year, which have just been pub lished after considerable delay, show the effects of a tightening up of trade and markets due to war condi tions. A summary of the Administra tion’s revenue and expenditure is as follows:
Decreases in revenue this year are ex pected for the Health Department (sale of medical liquor). Postal and Radio De partment, and Treasury and Customs De partment (export and import duties), while decreases in expenditure are bud geted for in Public Works (mainten ance of buildings and new buildings), and under the heading of “Recoverable Expenditure (NZ Government)”.
There is a possibility, however, that this year’s deficit may be eliminated and the budget balanced, as the estimates appear to be on the conservative side.
Mr. W. Phillpotts, who is well known in Rabaul, New Guinea, as manager of Burns, Philp and Co.’s merchandise de partment, has been transferred tem porarily to Salamaua, where he will take over the management of that branch while Mr. G. H. Roberts is spending fur lough in Australia.
1940-41 1939-40 Estimated Estimated Actual £ f £ Receipts .. . 102,562 115,226 131,416 Expenditure . 113,824 133,143 135,648 Deficit .. 11,262 17,917 4,232